Texas Instruments (TXN) Market Valuation Rose While Garrison Financial Trimmed Its Position by $530,656; As Illinois Tool Wks (Put) (ITW) Share Value Declined, Shareholder Laurion Capital Management LP Lifted Its Stake

June 23, 2018 - By Dolores Ford

Texas Instruments Incorporated (NASDAQ:TXN) Logo

Benjamin A. Smith increased its stake in Illinois Tool Wks Inc (Put) (ITW) by 98.28% based on its latest 2018Q1 regulatory filing with the SEC. Laurion Capital Management Lp bought 63,000 shares as the company’s stock declined 10.89% with the market. The hedge fund run by Benjamin A. Smith held 127,100 shares of the industrial machinery and components company at the end of 2018Q1, valued at $19.91 million, up from 64,100 at the end of the previous reported quarter. Laurion Capital Management Lp who had been investing in Illinois Tool Wks Inc (Put) for a number of months, seems to be bullish on the $47.92B market cap company. The stock increased 0.50% or $0.7 during the last trading session, reaching $141.46. About 2.51 million shares traded or 58.42% up from the average. Illinois Tool Works Inc. (NYSE:ITW) has risen 4.93% since June 23, 2017 and is uptrending. It has underperformed by 7.64% the S&P500. Some Historical ITW News: 26/04/2018 – Illinois Tool Works Sees 2018 Organic Growth of 3%-4%; 07/05/2018 – Illinois Tool Presenting at Conference May 23; 26/04/2018 – ILLINOIS TOOL 1Q EPS $1.90, EST. $1.85; 26/04/2018 – Illinois Tool Works 1Q Organic Revenue Growth 3%; 08/05/2018 – Illinois Tool Presenting at Deutsche Bank Conference Jun 7; 26/04/2018 – Illinois Tool Works 1Q Operating Margin 24.1%; 26/04/2018 – Illinois Tool Works 1Q EPS $1.90; 04/05/2018 – Illinois Tool Works Declares Dividend of 78c; 09/03/2018 – Illinois Tool Closes Above 50-Day Moving Average: Technicals; 10/04/2018 – Illinois Tool Closes Above 200-Day Moving Average: Technicals

Garrison Financial Corp decreased its stake in Texas Instruments (TXN) by 9.45% based on its latest 2018Q1 regulatory filing with the SEC. Garrison Financial Corp sold 5,152 shares as the company’s stock rose 1.76% while stock markets declined. The institutional investor held 49,362 shares of the semiconductors company at the end of 2018Q1, valued at $5.13 million, down from 54,514 at the end of the previous reported quarter. Garrison Financial Corp who had been investing in Texas Instruments for a number of months, seems to be less bullish one the $110.33B market cap company. The stock increased 0.24% or $0.27 during the last trading session, reaching $112.38. About 2.64 million shares traded. Texas Instruments Incorporated (NASDAQ:TXN) has risen 38.09% since June 23, 2017 and is uptrending. It has outperformed by 25.52% the S&P500.

Among 19 analysts covering Illinois Tool Works Inc (NYSE:ITW), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Illinois Tool Works Inc had 90 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Friday, October 13 with “Hold”. Goldman Sachs upgraded it to “Buy” rating and $155 target in Thursday, June 1 report. The rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, July 25. The firm has “Hold” rating by Stifel Nicolaus given on Monday, December 4. Stifel Nicolaus maintained it with “Hold” rating and $14700 target in Friday, July 14 report. On Monday, September 7 the stock rating was downgraded by Zacks to “Hold”. Goldman Sachs downgraded the shares of ITW in report on Friday, February 17 to “Sell” rating. The firm earned “Hold” rating on Monday, October 23 by Stifel Nicolaus. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Sector Perform” rating by RBC Capital Markets on Monday, December 5. The firm has “Equal Weight” rating given on Monday, January 11 by Barclays Capital.

Laurion Capital Management Lp, which manages about $4.98 billion and $12.41B US Long portfolio, decreased its stake in Select Med Hldgs Corp (NYSE:SEM) by 171,092 shares to 70,322 shares, valued at $1.21M in 2018Q1, according to the filing. It also reduced its holding in Dollar Gen Corp New (NYSE:DG) by 301,728 shares in the quarter, leaving it with 646,689 shares, and cut its stake in Biogen Inc (Put) (NASDAQ:BIIB).

More news for Illinois Tool Works Inc. (NYSE:ITW) were recently published by: Seekingalpha.com, which released: “AT&T Is A Buy – Cramer’s Lightning Round (6/6/18)” on June 07, 2018. Globenewswire.com‘s article titled: “New Research: Key Drivers of Growth for Illinois Tool Works, Aircastle, TriState Capital, Blueprint Medicines, MGE …” and published on June 21, 2018 is yet another important article.

Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.21, from 0.9 in 2017Q4. It dived, as 53 investors sold ITW shares while 419 reduced holdings. 87 funds opened positions while 239 raised stakes. 229.17 million shares or 0.03% more from 229.09 million shares in 2017Q4 were reported. Vanguard Group Inc Inc accumulated 23.45 million shares. Wilbanks Smith Thomas Asset Management Ltd Limited Liability Company has invested 0.02% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Barclays Public Limited has 0.07% invested in Illinois Tool Works Inc. (NYSE:ITW). King Luther Mgmt stated it has 219,490 shares. Kings Point holds 34,846 shares. Busey Commerce, Illinois-based fund reported 5,800 shares. Swiss Financial Bank holds 0.19% or 989,306 shares. Cohen Klingenstein Ltd has 19,400 shares for 0.43% of their portfolio. 7,270 are owned by Curbstone Financial Mngmt. Bb&T has invested 0.04% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Gradient Invs Ltd Liability Corporation owns 56 shares. Birch Hill Inv Ltd holds 8,605 shares or 0.11% of its portfolio. Moreover, Monarch Capital Inc has 0.14% invested in Illinois Tool Works Inc. (NYSE:ITW) for 2,308 shares. Moreover, Amf Pensionsforsakring has 0.79% invested in Illinois Tool Works Inc. (NYSE:ITW). Cambridge Advsrs reported 6,070 shares.

Since January 26, 2018, it had 0 insider purchases, and 1 insider sale for $3.32 million activity.

Since January 25, 2018, it had 0 insider buys, and 24 sales for $122.64 million activity. Another trade for 19,125 shares valued at $2.02M was made by Van Haren Julie on Tuesday, February 6. 3,516 shares were sold by Barker Ellen, worth $387,722. The insider TROCHU CYNTHIA HOFF sold $395,472. XIE BING had sold 15,877 shares worth $1.73 million. CRUTCHER BRIAN T had sold 51,032 shares worth $5.58M. The insider RITCHIE KEVIN J sold 49,955 shares worth $5.15M.

Investors sentiment decreased to 0.9 in Q1 2018. Its down 0.11, from 1.01 in 2017Q4. It fall, as 65 investors sold TXN shares while 408 reduced holdings. 119 funds opened positions while 308 raised stakes. 800.61 million shares or 0.62% less from 805.57 million shares in 2017Q4 were reported. First Long Island Invsts Ltd Liability Com owns 2,574 shares. Coastline Tru Company invested in 4,275 shares or 0.07% of the stock. Markston Interest Lc holds 22,985 shares. Schroder Inv Management Group Inc accumulated 2.36 million shares. State Bank Of Ny Mellon invested in 13.86 million shares or 0.4% of the stock. King Luther Capital Mgmt Corporation has invested 0.1% in Texas Instruments Incorporated (NASDAQ:TXN). Federated Invsts Pa, Pennsylvania-based fund reported 221,532 shares. Frontier Invest Management has invested 0% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Ballentine Prtnrs Ltd Com holds 15,440 shares or 0.09% of its portfolio. Park National Corp Oh has 0.42% invested in Texas Instruments Incorporated (NASDAQ:TXN) for 70,281 shares. Hbk Sorce Advisory Ltd Co stated it has 0.06% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Patten Grp Inc Inc has 0% invested in Texas Instruments Incorporated (NASDAQ:TXN). Field And Main Bank owns 100 shares for 0.01% of their portfolio. 60 are owned by Advsr Ltd Limited Liability Co. X Mgmt Ltd Liability invested in 0.02% or 11,749 shares.

More recent Texas Instruments Incorporated (NASDAQ:TXN) news were published by: Streetinsider.com which released: “Texas Instruments (TXN) Appoints Martin S. Craighead to Board” on June 21, 2018. Also Investorplace.com published the news titled: “The Technology Sector is the Most at Risk from a US-China Trade War” on June 20, 2018. Bizjournals.com‘s news article titled: “Study: These DFW companies rank among America’s most valuable brands” with publication date: June 22, 2018 was also an interesting one.

Among 42 analysts covering Texas Instruments (NASDAQ:TXN), 20 have Buy rating, 3 Sell and 19 Hold. Therefore 48% are positive. Texas Instruments had 120 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating by Drexel Hamilton given on Wednesday, April 25. The company was maintained on Wednesday, January 24 by Rosenblatt. Charter Equity upgraded the stock to “Buy” rating in Thursday, October 22 report. The firm has “Neutral” rating by B. Riley & Co given on Thursday, April 28. The company was maintained on Wednesday, April 25 by FBR Capital. The rating was maintained by Raymond James with “Hold” on Wednesday, January 24. The firm has “Hold” rating given on Tuesday, November 21 by KeyBanc Capital Markets. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, August 31 report. The stock of Texas Instruments Incorporated (NASDAQ:TXN) earned “Hold” rating by Mizuho on Tuesday, January 23. The rating was maintained by RBC Capital Markets with “Buy” on Monday, October 23.

Analysts await Texas Instruments Incorporated (NASDAQ:TXN) to report earnings on July, 24. They expect $1.30 EPS, up 26.21% or $0.27 from last year’s $1.03 per share. TXN’s profit will be $1.28B for 21.61 P/E if the $1.30 EPS becomes a reality. After $1.21 actual EPS reported by Texas Instruments Incorporated for the previous quarter, Wall Street now forecasts 7.44% EPS growth.

Illinois Tool Works Inc. (NYSE:ITW) Institutional Positions Chart

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